UBS O'Connor's Browne Is 'Very Bearish on Emerging Markets'

The presidential election last week was a 'game changer' for emerging markets, UBS O'Connor head of macro investments Erin Browne said.

NEW YORK (TheStreet) -- Emerging markets took a hit after last Tuesday's election of Republican candidate Donald Trump to the presidency and that will continue, UBSO'Connor head of macro investments Erin Browne said on CNBC's "Halftime Report" on Monday afternoon.

"I am very bearish on emerging markets right now," she claimed.

The election was a "game-changer" for emerging markets, she said. "I think that we're at early innings of this emerging market trade. There's a lot of money that went into them and there's a lot of money that needs to come out of them."